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Regulation
Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’
Bitcoin’s "death cross" could increase selling pressure into the weekend.

Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.

South Korean Exchanges Halt Trading on Certain Cryptos as Regulatory Pressure Mounts
Upbit, Huobi and Coinbit are among the cryptocurrency exchanges outlined in the report that have halted trading on certain coins.

Italian Regulator Says Unsupervised Spread of Crypto Is Cause for Concern: Report
Cryptocurrencies could facilitate illegal activity and undermine central banks' ability to conduct monetary policy, Consob Chairman Paolo Savona said.

Crypto Monitoring 'More Effective' Than Outright Ban, Dutch Finance Minister Says
The minister was responding to calls by the head of Bureau for Economic Policy Analysis for a total ban.

Crypto Long & Short: The Market Gets Smarter
This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk.

South Africa's Financial Watchdog to Bring Crypto Exchanges Into Regulatory Oversight
The Financial Sector Conduct Authority said it will start to regulate the crypto industry "in a phased and structured approach."

Texas State Regulator Greenlights Banks to Custody Crypto
A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

Indian Government Poised to Loosen Tough Stance on Crypto: Report
It's the latest twist in India's oft-changing posture toward fast-growing crypto markets.

Denmark's Century-Old Tax Code to Get Crypto Facelift: Report
The ministry cites a risk of fraud and an increased number of tax filing errors as the catalyst for cracking down on crypto tax evasion.
